Civic Intelligence

The New Jersey Technology Council Education Foundation Inc

990 • Fiscal year 2019 • EIN 22-3456385

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileTECHUNITED.CO

View Organization Page

101 Jefferson Street No 1Hoboken, NJ 07030

(732) 456-5700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

9.93x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • NTEE J • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Top Officer Pay

98th percentile

$188,864

Higher top officer pay than 98% of similar nonprofits.

2019 filings • NTEE J • <$500k nonprofits • Source year 2019

Asset Growth

18th percentile

-15%

Faster asset growth than 18% of similar nonprofits.

2019 filings • NTEE J • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$528

Down $90 (-15%) from 2018

Net Assets

Down

-$4,715

Down $90 (-1.9%) from 2018

Liabilities

Flat

$5,243

Flat from 2018

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2018

Expenses

Up

$90

Up $66 (+275%) from 2018

Net Income

Down

-$90

Down $66 (-275%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0-$10KAssets 2010: $15,252Liabilities 2010: $0Net Assets 2010: $15,2522010Assets 2011: $16,249Liabilities 2011: $18,860Net Assets 2011: -$2,6112011Assets 2012: $20,344Liabilities 2012: $21,636Net Assets 2012: -$1,2922012Assets 2013: $20,294Liabilities 2013: $24,536Net Assets 2013: -$4,2422013Assets 2014: $1,001Liabilities 2014: $5,243Net Assets 2014: -$4,2422014Assets 2015: $16,592Liabilities 2015: $5,243Net Assets 2015: $11,3492015Assets 2016: $8,292Liabilities 2016: $13,393Net Assets 2016: -$5,1012016Assets 2017: $642Liabilities 2017: $5,243Net Assets 2017: -$4,6012017Assets 2018: $618Liabilities 2018: $5,243Net Assets 2018: -$4,6252018Assets 2019: $528Liabilities 2019: $5,243Net Assets 2019: -$4,7152019Assets 2020: $4,385Liabilities 2020: $5,243Net Assets 2020: -$8582020Assets 2021: $4,361Liabilities 2021: $5,243Net Assets 2021: -$8822021Assets 2022: $5,101Liabilities 2022: $02022Assets 2023: $5,100Liabilities 2023: $02023Assets 2024: $6,051Liabilities 2024: $1,133Net Assets 2024: $4,9182024

Highlighted filing

2019

Assets$528
Liabilities$5,243
Net Assets-$4,715
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30K$20K$10K$0-$10K-$20KExpenses 2010: $20,7332010Expenses 2011: $19,2612011Expenses 2012: $3,8062012Revenue 2013: $0Expenses 2013: $2,950Net Income 2013: -$2,9502013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $15,651Expenses 2015: $60Net Income 2015: $15,5912015Revenue 2016: $0Expenses 2016: $16,450Net Income 2016: -$16,4502016Revenue 2017: $500Expenses 2017: $0Net Income 2017: $5002017Revenue 2018: $0Expenses 2018: $24Net Income 2018: -$242018Revenue 2019: $0Expenses 2019: $90Net Income 2019: -$902019Revenue 2020: $3,881Expenses 2020: $24Net Income 2020: $3,8572020Revenue 2021: $0Expenses 2021: $24Net Income 2021: -$242021Revenue 2022: $740Expenses 2022: $0Net Income 2022: $7402022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $2,000Expenses 2024: $2,182Net Income 2024: -$1822024

Highlighted filing

2019

Revenue$0
Expenses$90
Net Income-$90
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

The new jersey technology education foundation brings business and academia together to foster collaborative relationships through teacher visits to member companies, as well as for student internships, and mentoring.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$618$528▼ $90
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$618$528▼ $90
Liabilities
Unsecured Notes Loans Payable$5,243$5,243→ $0
Total Liabilities$5,243$5,243→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,625$-4,715▼ $90
Total Net Assets Fund Balance$-4,625$-4,715▼ $90
Total Liabilities and Net Assets / Fund Balance$618$528▼ $90

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$3,339$3,339
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleOtherTotal
Aaron PricePresident and CEO$59,746$59,746

Board Members and Trustees

NameTitle
Virginia AllingExec Committee (chair) & Member
James BarroodFormer President and CEO
Dan McgrathExec Committee & Member
Kelly FordExec Committee & Member
Mahesh YadavExec Committee & Member
Ronald GabouryExec Committee & Member
Skip BraunExec Committee & Member
Andrew GilbertExec Committee (secretary) & Member
Alan WinkMember
Alex GonzalezMember
Ali HoushmandMember
Alison YablonowitzMember
Ari RabbanMember
Benjamin NovakMember
Brian HughesMember
Carley Graham GarciaMember
Charlene BrownMember
Chris SullensMember
David KimballMember
David SorinMember
Diana KyserMember
Don BucciarelliMember
EDWARD O'CONNELLMember
Garth HolsingerMember
Gene WaddyMember
Gregory OlsenMember
Inderpal Singh MumickMember
Jeffrey RosedaleMember
Jianping WangMember
Jim GuntonMember
Joel BloomMember
John KennedyMember
John LanzaMember
John VernazzaMember
Kathleen CovielloMember
Kenny EsserMember
Kevin PiankoMember
Marianna RabinovitchMember
Mark CliftonMember
Mark GiamoMember
Michael DietzeMember
Nariman FarvardinMember
Paul MlynarskiMember
Peter HarrisMember
Rita GurevichMember
Robert BarduschMember
Robert Trenery JrMember
Sarah KnappMember
Simon NynensMember
Stephen WaldisMember
Venu MyneniMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-90
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$90-$90
Total Functional Expenses$0$90$0$90
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is provided to the board prior to issuance.”

Form 990, Part VI, Section B, Line 12C

“The president discusses any conflicts of interest with employees on an annual basis.”

Form 990, Part VI, Section C, Line 18

“All requested information is mailed to inquiring parties upon request.”

Form 990, Part VI, Section C, Line 19

“All requested information is mailed to inquiring parties upon request.”

Filing and Contact Details

Filer

Filer Name
The New Jersey Technology Council
EIN
22-3456385
Phone
7324565700
Address
101 JEFFERSON STREET NO 1, HOBOKEN, NJ 07030

Signing Officer

Name
Aaron Price
Title
President/CEO
Phone
7324565700
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Price
Formed
1996
Legal Domicile
Nj
Voting Board Members
51
Independent Board Members
50
Employees
0
Volunteers
0

Preparer

Firm
SOBEL & CO LLC CPA'S
Address
293 EISENHOWER PARKWAY, LIVINGSTON, NJ 07039-1711
Preparer
Bridget Hartnett
Phone
9739949494
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IRS990/Form990PartVIISectionAGrp/PersonNm23SIMON NYNENS
IRS990/Form990PartVIISectionAGrp/PersonNm24JIANPING WANG
IRS990/Form990PartVIISectionAGrp/PersonNm25ROBERT BARDUSCH
IRS990/Form990PartVIISectionAGrp/PersonNm26DON BUCCIARELLI
IRS990/Form990PartVIISectionAGrp/PersonNm27JIM GUNTON
IRS990/Form990PartVIISectionAGrp/PersonNm28PETER HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm29JOHN LANZA
IRS990/Form990PartVIISectionAGrp/PersonNm30PAUL MLYNARSKI
IRS990/Form990PartVIISectionAGrp/PersonNm31BENJAMIN NOVAK
IRS990/Form990PartVIISectionAGrp/PersonNm32EDWARD O'CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm33KEVIN PIANKO
IRS990/Form990PartVIISectionAGrp/PersonNm34JEFFREY ROSEDALE
IRS990/Form990PartVIISectionAGrp/PersonNm35DAVID SORIN
IRS990/Form990PartVIISectionAGrp/PersonNm36ROBERT TRENERY JR
IRS990/Form990PartVIISectionAGrp/PersonNm37ALAN WINK
IRS990/Form990PartVIISectionAGrp/PersonNm38KATHLEEN COVIELLO
IRS990/Form990PartVIISectionAGrp/PersonNm39KENNY ESSER
IRS990/Form990PartVIISectionAGrp/PersonNm40MICHAEL DIETZE
IRS990/Form990PartVIISectionAGrp/PersonNm41DIANA KYSER
IRS990/Form990PartVIISectionAGrp/PersonNm42BRIAN HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm43MARK GIAMO
IRS990/Form990PartVIISectionAGrp/PersonNm44JOHN KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm45GARTH HOLSINGER
IRS990/Form990PartVIISectionAGrp/PersonNm46ALISON YABLONOWITZ
IRS990/Form990PartVIISectionAGrp/PersonNm47CHARLENE BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm48GENE WADDY
IRS990/Form990PartVIISectionAGrp/PersonNm49ALEX GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm50AARON PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm51JAMES BARROOD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt420
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt510
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt330
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt340
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt360
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt430
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt460
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5059746
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt51186072
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXEC COMMITTEE (CHAIR) & MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXEC COMMITTEE & MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXEC COMMITTEE & MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXEC COMMITTEE & MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXEC COMMITTEE & MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXEC COMMITTEE & MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXEC COMMITTEE (SECRETARY) & MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$528
Liabilities
$5,243
Net assets
-$4,715
Revenue
$0
Expenses
$90
Net income
-$90
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.05$1.13$4.92$2.00$2.18$0.18
2023Summary only. Only limited summary data is available for this year.$5.10$0.00$0.00$0.00$0.00
2022Summary only. Only limited summary data is available for this year.$5.10$0.00$0.74$0.00$0.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$5.24$0.88$0.00$0.02$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.39$5.24$0.86$3.88$0.02$3.86
2019Detailed filing. Detailed filing data is available for this year.$0.53$5.24$4.72$0.00$0.09$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$5.24$4.63$0.00$0.02$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$5.24$4.60$0.50$0.00$0.50
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.29$13.4$5.10$0.00$16.5$16.5
2015Detailed filing. Detailed filing data is available for this year.$16.6$5.24$11.3$15.7$0.06$15.6
2014Detailed filing. Detailed filing data is available for this year.$1.00$5.24$4.24$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$20.3$24.5$4.24$0.00$2.95$2.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$21.6$1.29$3.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$18.9$2.61$19.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.00$15.3$20.7